Mitchell County, IA Land Auction!

Brincks Trust: 232 acres located in Section 10 of West Lincoln Township. The auction will be held at the American Legion Hall in Osage. If you plan to bid online you must register at least 48 hours in advance. 

Documents

MITCHELL COUNTY, IOWA FARM

To Be Sold At

Public Auction

Friday, December 15, 2023              at: 10:00 A.M.

Sale held at the American Legion Hall, 504 Main St., Osage, IA

Farm is located from Orchard, IA, 2 miles east on 320th St. (at Intersection of Hwy. #218 & 320th St.)

  

LEGAL DESCRIPTION

The West 3/4  of the SW1/4, Except  a 7.78-acre parcel AND the E1/4 SW1/4 AND the W1/2 SE1/4, all being in Section 10, Township 97 North, Range 16 West of the 5th P.M., (West Lincoln Twp.), Mitchell County, Iowa

GENERAL DESCRIPTION & METHOD OF SALE

This well located, highly productive Mitchell County farm will be offered as two Parcels:

PARCEL # 1: The West 152 acre, m/l, bare parcel with CSR2 of 88.3 & PARCEL # 2: The East 80 acre, m/l, bare parcel with CSR2 of 88.9

FSA has both parcels currently combined and rates as: Cropland Acres: 226.33; Corn Base: 153.70 w/PLC yield index of 178; Soybean Base: 65.50 w/yield index off 54.

The high bidder will have choice of Parcel # 1, Parcel # 2 or may select both parcels. In the event the high bidder selects both parcels, the sale is over. In the event the high bidder selects one parcel, the remaining parcel will then be offered.

AUCTIONEERS’ NOTE: This sale affords an Outstanding Opportunity to acquire very well located, productive Mitchell County farmland that would make a solid addition to an existing operation or an ideal Investor/Income type property.

TERMS OF SALE

Purchaser(s) shall pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or before January 31, 2024. Full possession given upon closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers represent the Sellers in this real estate auction and resulting transactions. Any announcements made day of sale will supersede any advertising.

SIMULCAST INTERNET BIDDING

Simulcast Internet Bidding will be available in addition to the Live Auction. To Register to Bid AT LEAST 48 HRS. PRIOR TO THE SALE, visit our website: www.greenrealestate-auction.com or contact the Auctioneers

Cletus Brincks Trust & Cletus Brincks, Inc., Owners

Jeffrey Johnson, Pocahontas, Iowa, Successor Trustee & Corp. Pres.

John C. Werden. Carroll, Iowa, Attorney for Seller

Sale Arranged & Conducted By:

    Green Real Estate & Auction Co.                             Sale Barn Realty & Auction

        Mike Green & Jim Green, Auctioneers                                      Rick Winegarden, Auctioneer

       Sac City, IA., ph. 712-662-4442                                                   Pocahontas, IA., ph.712-335-3117

www.greenrealestate-auction.com                                               www.salebarn.ncn.net

The terms of the auction will be as follows: Purchaser(s) shall pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or before January 31, 2024. Possession given upon closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. AUCTIONEERS represent the SELLERS in this real estate auction and resulting transactions. Any announcements made day of sale will supersede any advertising.